Grenada - Citizenship

The Grenada Citizenship by Investment Program offers individuals and families the opportunity to obtain Grenadian citizenship through investment in the country. Here is an overview of the program, including its description, benefits, family inclusion, eligibility, requirements, and investment options

Program Overview:

Grenada, known as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. Unspoilt and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, and the delicate aroma of the island’s native spices.

In addition to its scenery, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life – making Grenada the perfect place in which to live, work and play.

Program Benefits:

 
  • Fast-track citizenship
  • Passport granted in 4-8 months
  • Your alternative citizenship from just $150,000
  • Visa-free access to 144 countries, including EU & UK
  • Obtain a USA E-2 Visa through a Grenadian passport
  • Including spouse, children, parents, grandparents and siblings
  • Complete investments after receiving citizenship application approval
  • No physical residency required with an option to obtain Grenadian passport remotely
  • No tax on income, wealth or inheritance
  • Transferable to descendants
  • Grenada allows for dual citizenship
  • 5 years if you decide to invest in property
  • The application process is strictly confidential

Requirements & Eligibility:

Applicants must fulfil specific criteria related to investment, character, and health, among others, as outlined by the Grenada Citizenship by Investment Act and regulations.

  • Applicants should be 18 years or older.
  • Must be in a satisfactory health condition.
  • Possess the requisite funds for the necessary investment, with a provable legitimate source for said funds.

Investment Options:

Option 1 / $150,000 — Non-refundable donation to the government fund

Contribution to the National Transformation Fund (NTF) is non-refundable.

The donation amount may vary based on the number of dependents included in the main applicant’s application.

If you choose a contribution option, to qualify for citizenship as a single applicant you will be required to make a government donation of $150,000.

  • For family of 2 members – $200,000.
  • Family of 3 members – $200,000.
  • Family of 4, family couple with 2 children – $200,000.
  • Larger families of 5 and more: +$25,000 for each additional dependent.

Option 2 / From $220,000 — Investment in approved real estate

All real estate options are approved by the government.

After 5 years the property can be sold, allowing you to release your capital without affecting your citizenship.

Secondary buyers of CBI property units – applicants that apply to acquire citizenship through the purchase of real estate from a previous CBI applicant – are eligible to obtain citizenship in accordance with all applicable regulatory requirements.

Family Inclusion:

Spouse:

The spouse of the primary applicant can be included in the application for Grenadian citizenship.

Dependent Children:

Dependent children of the main applicant or the spouse, including biological, adopted, and sometimes stepchildren, are eligible for inclusion in the application.

Parents:

In some cases, dependent parents of the main applicant or the spouse may also be included as eligible family members under the program.

The benefits of Grenada Citizenship.

The Grenada citizenship by investment program is a governmental initiative that allows individuals, and often their families, to acquire Grenadian citizenship. 

Citizenship & Passports

Successful applicants and their families receive Grenadian citizenship and passports, providing visa-free or visa-on-arrival access to numerous countries worldwide, including the EU and the UK.

Visa-Free Travel 140 Countries

Visa-free or visa-on-arrival travel to various countries, facilitating international travel and business opportunities.

Family
Inclusion

The program typically includes spouses, dependent children, parents, and sometimes siblings in the application.

Taxation Advantages

Grenada offers tax benefits, including no income tax, inheritance tax, wealth tax, or capital gains tax for non-resident citizens.

FAQ's

The fund is integral to the Grenada citizenship program, designed to financially bolster and drive projects for Grenada’s sustainable growth, enhancing its appeal to investors.

The real estate investment option requires investors to buy approved property in Grenada. After holding for a set duration, they may be eligible to sell it, retaining their Grenada citizenship.

The Grenada citizenship program permits dual citizenship, granting you the privileges of a Grenada passport while keeping your original nationality.

The Grenada citizenship program allows for the inclusion of both dependent children and dependent parents, ensuring that families can collectively reap the benefits that Grenada citizenship offers.

The Grenada CBI program is distinguished by its diverse investment routes, including real estate investment, and the ability to include dependent children and parents. The contributions to Grenada’s National Transformation Fund also make it special.

The real estate investment in the Grenada citizenship program typically requires a five-year holding period before it can be resold, ensuring the program’s integrity and long-term benefits for the country.

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